CIMB Research said the postponements follow the city’s new requirements involving geotechnical studies that may lengthen the approval process for property launches.
PETALING JAYA: At least three property players – SP Setia Bhd
, Malaysian Resources Corp Bhd and IJM Corp Bhd – are pushing back some of their planned launches in Kuala Lumpur.
Based on its checks, CIMB Research said the postponements follow the city’s new requirements involving geotechnical studies that may lengthen the approval process for property launches.
